MIDDLE EAST TECHNICAL UNIVERSITY
Department of Business Administration
Spring 2012
BAS 142 Financial Accounting
CAN SIMGA-MUGAN, Ph.D.
OFFICE: H 103 PH: 210-2014 /3005
OFFICE HOURS: by appointment
e-mail: mugan@metu.edu.tr
www.metu.edu.tr/~mugan
MEETING TIME and PLACE: Tu – Th 8:45 -10:00 G 207
TEXT BOOK:
Principles of Financial Accounting
C. Şımga-Muğan and N.Hoşal-Akman 4th edition, 2010
Course web page: http://www.metu.edu.tr/~mugan/courses.htm BAS 142 where you will
find power point presentations of each week; solutions to select problems from the book;
announcements and grades
AIM OF THE COURSE:
The course is designed as an introductory accounting course in which the aim is to initiate the
students in the use and preparation of financial statements. As aspiring managers, the students need to
recognize the need for accounting principles, procedures and the financial statements in companies’
decision making process. In so doing, the topics covered include the basic principles and recording
process to prepare useful financial statements. In the second half of the semester, selected topics will
be discussed in detail.
COURSE REQUIREMENTS AND GRADING POLICY:
Students are required to come to class after reading the assigned material for the session, be ready to
ask and answer relevant questions. You are advised to work on suggested questions, and also attnd the
recitations. Make up exams are administered only upon presentation of a report from the health
center, and then only during the finals week a single comprehensive make-up exam will be given.
Therefore, the students are strongly urged to take the exams on the scheduled dates.
Grading Policy
Grading Policy
1st Exam
20%
2nd Exam
20%
3rd Exam
15 %
4th Exam
20%
Final
25 %
Middle East Technical University
Department of Business Administration
Rules of Academic Honesty
February 2004
Cheating: All university, faculty, and department principles on academic honesty will be strictly
enforced. The usual consequence for academic dishonesty is failure in the course and additional
disciplinary action. Examinations are individual and are to be completed without unauthorized outside
assistance. Persons observed cheating during examinations will automatically receive a failing grade
in the course. In addition to the consequences above, the instructor will initiate disciplinary action
against the student(s) involved in academic dishonesty.
TENTATIVE COURSE SCHEDULE
for Fall 2008-2009
Week
Date
Topic
Reading
assignments
1
16 Feb
Introduction
Ch.1
2
20-24 Feb
Accounting Cycle
Ch.2
3
27 Feb – 2 Mar
Accounting Cycle
Ch.2
4
5-9 Mar
Accounting Cycle
Ch. 3
EXAM 1- Wednesday, March 7, 17:45
Chs 1 and 2
5
12-16 Mar
Completing the Accounting Cycle
Ch.3
6
19-23 Mar
Merchandise Transactions
Ch.4
7
26-30 Mar
Inventories
Ch.5
EXAM 2- Monday, April 2 – 17:45
All inclusive –
chs 1-5
8
2-6 April
Financial Statements Statement of Financial Position,
Income Statement
Ch.6
9
9-13 April
Financial Statements- Simple Cash Flow Statement
Ch.6
EXAM 3- Monday, April 16 – 17:45
Chapter 6 and
Cash Flow
10
16-20 April
Current Assets and Current Liabilities
Ch.7, 9 and Ch.8
11
24 – 27 April
Current Assets and Current Liabilities
Ch.7,9 and Ch.8
12
30 April –
4 May
Measures of Operating Capacity
Ch.10
EXAM 4- Monday, May 7 –17:45
Chs 7.8.9.10
13
7-11 May
Long-term Liabilities
Ch.11
14
14-18 May
Shareholders’ Equity
Ch.12
15
21-25 May
Cash Flow Statement- revisited
Ch. 13
FINAL COMPREHENSIVEAnnounced at www.ba.metu.edu.tr